{"id":27455,"date":"2023-12-07T04:34:24","date_gmt":"2023-12-07T04:34:24","guid":{"rendered":"https:\/\/masterskills.org\/blog\/nha-hoat-dong-co-dong-shareholder-activist-la-ai-vi-du-ve-cac-nha-hoat-dong-co-dong.html"},"modified":"2023-12-22T15:14:28","modified_gmt":"2023-12-22T08:14:28","slug":"nha-hoat-dong-co-dong-shareholder-activist-la-ai-vi-du-ve-cac-nha-hoat-dong-co-dong","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/nha-hoat-dong-co-dong-shareholder-activist-la-ai-vi-du-ve-cac-nha-hoat-dong-co-dong.html","title":{"rendered":"Nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng (Shareholder Activist) l\u00e0 ai? V\u00ed d\u1ee5 v\u1ec1 c\u00e1c nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng"},"content":{"rendered":"
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\u1ea2nh minh h\u1ecda: Directorpoint<\/p>\n<\/figcaption><\/figure>\n

Nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng<\/b> trong ti\u1ebfng Anh l\u00e0 Shareholder Activist.\u00a0<\/b><\/p>\n

Nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng<\/b>\u00a0l\u00e0 m\u1ed9t c\u1ed5 \u0111\u00f4ng s\u1eed d\u1ee5ng c\u1ed5 ph\u1ea7n v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu trong m\u1ed9t c\u00f4ng ty \u0111\u1ec3 g\u00e2y \u00e1p l\u1ef1c l\u00ean vi\u1ec7c qu\u1ea3n tr\u1ecb c\u1ee7a c\u00f4ng ty \u0111\u00f3.<\/p>\n

M\u1ee5c ti\u00eau c\u1ee7a c\u00e1c nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng bao g\u1ed3m t\u1eeb t\u00e0i ch\u00ednh (t\u0103ng gi\u00e1 tr\u1ecb c\u1ed5 \u0111\u00f4ng th\u00f4ng qua thay \u0111\u1ed5i ch\u00ednh s\u00e1ch doanh nghi\u1ec7p, c\u01a1 c\u1ea5u t\u00e0i ch\u00ednh, c\u1eaft gi\u1ea3m chi ph\u00ed…) \u0111\u1ebfn phi t\u00e0i ch\u00ednh (\u0111\u1ea7u t\u01b0 t\u1eeb c\u00e1c qu\u1ed1c gia c\u1ee5 th\u1ec3, \u00e1p d\u1ee5ng c\u00e1c ch\u00ednh s\u00e1ch th\u00e2n thi\u1ec7n v\u1edbi m\u00f4i tr\u01b0\u1eddng…).<\/p>\n

Thu\u1eadt ng\u1eef n\u00e0y th\u01b0\u1eddng d\u00f9ng \u0111\u1ec3 \u0111\u1ec1 c\u1eadp \u0111\u1ebfn vi\u1ec7c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 cho r\u1eb1ng m\u1ed9t c\u00f4ng ty hi\u1ec7n t\u1ea1i \u0111ang c\u00f3 s\u1ef1 y\u1ebfu k\u00e9m v\u1ec1 m\u1eb7t qu\u1ea3n l\u00ed. C\u00e1c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00e0y th\u01b0\u1eddng c\u1ed1 g\u1eafng gi\u00e0nh quy\u1ec1n ki\u1ec3m so\u00e1t c\u00f4ng ty v\u00e0 thay th\u1ebf qu\u1ea3n l\u00ed hay bu\u1ed9c t\u00e1i c\u01a1 c\u1ea5u l\u1ea1i c\u00f4ng ty.<\/p>\n

C\u00e1ch nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng t\u00e1c \u0111\u1ed9ng<\/font><\/span><\/h3>\n

L\u1ee3i \u00edch c\u1ed5 \u0111\u00f4ng l\u00e0 c\u00e1ch m\u00e0 c\u00e1c c\u1ed5 \u0111\u00f4ng c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn h\u00e0nh vi c\u1ee7a m\u1ed9t t\u1eadp \u0111o\u00e0n b\u1eb1ng c\u00e1ch th\u1ef1c hi\u1ec7n c\u00e1c quy\u1ec1n c\u1ee7a h\u1ecd v\u1edbi t\u01b0 c\u00e1ch l\u00e0 \u0111\u1ed3ng ch\u1ee7 s\u1edf h\u1eefu. Ngo\u00e0i c\u00e1c quy\u1ec1n l\u1ee3i c\u1ed5 t\u1ee9c, c\u00e1c lo\u1ea1i c\u1ed5 ph\u1ea7n c\u0169ng cho ph\u00e9p c\u00e1c \u0111\u1eb7c quy\u1ec1n b\u1ecf phi\u1ebfu ri\u00eang bi\u1ec7t.\u00a0<\/p>\n

M\u1ed9t s\u1ed1 c\u1ed5 \u0111\u00f4ng c\u00f3 nh\u1eefng c\u00e1ch \u0111\u1ec3 g\u00e2y \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn ban gi\u00e1m \u0111\u1ed1c v\u00e0 \u0111i\u1ec1u h\u00e0nh c\u00f4ng ty d\u00f9 h\u1ecd kh\u00f4ng ph\u1ea3i tr\u1ef1c ti\u1ebfp tham gia v\u00e0o c\u00e1c ho\u1ea1t \u0111\u1ed9ng h\u1eb1ng ng\u00e0y. Nh\u1eefng c\u00e1ch n\u00e0y c\u00f3 th\u1ec3 bao g\u1ed3m vi\u1ec7c trao \u0111\u1ed5i v\u1edbi c\u00e1c nh\u00e0 qu\u1ea3n l\u00ed \u0111\u1ebfn vi\u1ec7c \u0111\u1ec1 xu\u1ea5t ch\u00ednh th\u1ee9c, \u0111\u01b0\u1ee3c b\u1ecf phi\u1ebfu b\u1edfi c\u00e1c c\u1ed5 \u0111\u00f4ng trong c\u00e1c cu\u1ed9c h\u1ecdp.<\/p>\n

C\u00e1c nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng c\u0169ng s\u1eed d\u1ee5ng nhi\u1ec1u chi\u1ebfn thu\u1eadt c\u00f4ng k\u00edch \u0111\u1ec3 bu\u1ed9c c\u00f4ng ty c\u00f3 nh\u1eefng s\u1ef1 thay \u0111\u1ed5i. V\u00ed d\u1ee5, h\u1ecd c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c truy\u1ec1n th\u00f4ng \u0111\u1ec3 c\u00f4ng khai nh\u1eefng y\u00eau s\u00e1ch c\u1ee7a m\u00ecnh v\u00e0 g\u00e2y \u00e1p l\u1ef1c l\u1edbn h\u01a1n c\u00f9ng c\u00e1c c\u1ed5 \u0111\u00f4ng kh\u00e1c. H\u1ecd c\u0169ng c\u00f3 th\u1ec3 \u0111e d\u1ecda c\u00e1c c\u00f4ng ty b\u1eb1ng c\u00e1c v\u1ee5 ki\u1ec7n n\u1ebfu h\u1ecd kh\u00f4ng c\u00f3 \u0111\u01b0\u1ee3c ti\u1ebfng n\u00f3i ri\u00eang c\u1ee7a m\u00ecnh.<\/p>\n

V\u00ed d\u1ee5 v\u1ec1 C\u00e1c nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng<\/font><\/h3>\n

Carl Icahn l\u00e0 m\u1ed9t trong nh\u1eefng nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng \u0111\u00e1ng ch\u00fa \u00fd nh\u1ea5t v\u1ec1 c\u00f4ng nghi\u1ec7p t\u00e0i ch\u00ednh. \u00d4ng \u0111\u1ed3ng th\u1eddi l\u00e0 m\u1ed9t doanh nh\u00e2n, nh\u00e0 \u0111\u1ea7u t\u01b0 truy\u1ec1n th\u1ed1ng v\u00e0 nh\u00e0 t\u1eeb thi\u1ec7n. V\u00e0o nh\u1eefng n\u0103m 1980, Icahn \u0111\u00e3 c\u00f3 danh ti\u1ebfng m\u1ea1nh m\u1ebd nh\u01b0 l\u00e0 m\u1ed9t ng\u01b0\u1eddi “ti\u00ean phong doanh nghi\u1ec7p”. \u0110i\u1ec1u n\u00e0y xu\u1ea5t ph\u00e1t t\u1eeb vi\u1ec7c \u00f4ng ti\u1ebfp qu\u1ea3n h\u00e3ng h\u00e0ng kh\u00f4ng TWA v\u00e0o n\u0103m 1985 c\u00f9ng lo\u1ea1t nh\u1eefng c\u1ed9t m\u1ed1c \u0111\u00e1ng n\u1ec3 kh\u00e1c. C\u00f9ng v\u1edbi Texaco v\u00e0 American Airlines, TWA l\u00e0 m\u1ed9t trong nh\u1eefng h\u00e3ng h\u00e0ng kh\u00f4ng l\u1edbn nh\u1ea5t qu\u1ed1c gia t\u1ea1i th\u1eddi b\u1ea5y gi\u1edd. \u00d4ng \u0111\u00e3 ti\u1ebfp qu\u1ea3n th\u00e0nh c\u00f4ng c\u00f4ng ty, k\u00e9o n\u00f3 ra kh\u1ecfi b\u1edd v\u1ef1c ph\u00e1 s\u1ea3n trong th\u1eddi gian nhi\u1ec1u n\u0103m.<\/p>\n

T\u01b0\u01a1ng t\u1ef1, Bill Ackman t\u1ef1 coi m\u00ecnh l\u00e0 m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00ec l\u1ee3i \u00edch c\u1ed5 \u0111\u00f4ng, m\u1eb7c d\u00f9 m\u1ed9t s\u1ed1 ng\u01b0\u1eddi coi \u00f4ng nh\u01b0 l\u00e0 m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00e1i ng\u01b0\u1ee3c. M\u1ed9t trong nh\u1eefng \u0111i\u1ec1u l\u00e0m n\u00ean t\u00ean tu\u1ed5i cho Ackman l\u00e0 vi\u1ec7c b\u00e1n c\u1ed5 ph\u1ea7n v\u00e0 ti\u1ebfn h\u00e0nh m\u1ed9t chi\u1ebfn d\u1ecbch kh\u1ed5ng l\u1ed3 li\u00ean k\u1ebft c\u00f4ng ch\u00fang ch\u1ed1ng l\u1ea1i c\u00f4ng ty Herbalife v\u00e0o n\u0103m 2012.<\/p>\n

Tr\u00e1i ng\u01b0\u1ee3c v\u1edbi \u00f4ng Icahn v\u00e0 \u00f4ng Ackman, nhi\u1ec1u qu\u0129 ph\u00f2ng h\u1ed9 g\u1ea7n \u0111\u00e2y \u0111ang th\u00fac \u0111\u1ea9y s\u1ef1 thay \u0111\u1ed5i li\u00ean quan \u0111\u1ebfn c\u00e1c \u0111\u1ed1i t\u00e1c c\u1ee7a h\u1ecd v\u1ec1 m\u1ed1i quan t\u00e2m t\u1edbi m\u00f4i tr\u01b0\u1eddng, x\u00e3 h\u1ed9i v\u00e0 qu\u1ea3n tr\u1ecb (ESG). Trian Partners, Blue Harbor, Red Mountain Capital v\u00e0 ValueAct l\u00e0 nh\u1eefng qu\u0129 h\u00e0ng \u0111\u1ea7u trong \u0111\u00f3. M\u1ed9t s\u1ed1 trong s\u1ed1 c\u00e1c qu\u0129 n\u00e0y \u0111ang \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd, nh\u1eefng ng\u01b0\u1eddi s\u1edf h\u1eefu c\u00f4ng ty \u0111ang c\u1ed1 g\u1eafng th\u1ec3 hi\u1ec7n tr\u00e1ch nhi\u1ec7m x\u00e3 h\u1ed9i c\u1ee7a m\u00ecnh.\u00a0<\/p>\n

(Theo Investopedia, Wikipedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Nh\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ed5 \u0111\u00f4ng (ti\u1ebfng Anh: Shareholder Activist) l\u00e0 m\u1ed9t c\u1ed5 \u0111\u00f4ng s\u1eed d\u1ee5ng c\u1ed5 ph\u1ea7n v\u1ed1n ch\u1ee7 s\u1edf h\u1eefu trong m\u1ed9t c\u00f4ng ty \u0111\u1ec3 g\u00e2y \u00e1p l\u1ef1c l\u00ean vi\u1ec7c qu\u1ea3n tr\u1ecb c\u1ee7a c\u00f4ng ty \u0111\u00f3.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[416],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/27455"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=27455"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/27455\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=27455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=27455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=27455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}